Unsecured Business Loan in Delhi-NCR

 

The economy in Delhi/NCR have seen multifold investment in recent few years. Urban lifestyle & strengthening financial  has created various opportunities for businesses to establish & expand their business in Delhi/NCR. Not only startups but even established  businesses aiming for expansion in delhi/ncr must be looking for options of unsecured business loan in delhi/ncr.

 

There comes a time in every business when there is a need for extra credit and funds for its smooth functioning. These funds help the business owner, to expand, invest and help in working capital needs. At times like these, a quick business loan is the best financial aid that can help you grow. RetailLoans is an online platform to ease out businesses immediate or long term requirements of working capital loan, term loan, supply chain finance, cash advance for business, infrastructure development . Unsecured business loan does not require any collateral need to be submitted for security, Banks approves unsecured business loan in delhi/ncr based on company profile, Sales, CIBIL, ITR history & other credit lending methods. Based on applicants & organization profile the ROI of interest has been sanctioned for the businesses.

Business  Rate of Interest ranges varies from @ 13% to 20% PA

 Business Loans In Delhi-NCR - Retailloans

 

Documents Need To Be Submitted For Quick Unsecured Business Loan in Delhi/NCR Approval

  • Company bank statements for six months
  • Income Tax Returns for 2 years
  • Balance sheet and P&L accounts for 2 years
  • Application form with complete KYC documents of the owners
  • A report as to how the business loan intends to be utilised
  • KYC documents of the company including PAN Card, Registration of Incorporation, Partnership deed, Memorandum & Articles of Association.

 

Eligibility Criteria For Business Loan

 

  • You need to be minimum of 25 years of age and maximum 55 years
  • Not For Startups
  • Your business should have been making profit for 3 consecutive financial years
  • Turnover should be on a positive trend
  • Balance sheet has to be audited by a registered chartered accountant